facebookIs it wise to put DCA amount to Syfe Cash+ and when Syfe REIT+ is way lower then transfer to Syfe REIT+? - Seedly

Anonymous

Edited 29 Sep 2022

REITs

Is it wise to put DCA amount to Syfe Cash+ and when Syfe REIT+ is way lower then transfer to Syfe REIT+?

Discussion (3)

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Agree with Choong Hwee here.

What I perceive you're saying - Save consistently with DCA using Syfe's cash solution & lump sum into Syfe REIT's at your perceived market bottom.

While DCA-ing into Syfe Cash is a good habit, it should be DCA-ing into Syfe REIT's at the same time too which is the best habit.

Nobody can time or predict the market bottom. The markets bottom and best days are so close together that timing the market is very hard to to do. Not impossible but hard.

Friendly Advice: Keep consistently contributing to Syfe Cash+ and Syfe REIT (similar frequency). if it helps, you can start your first DCA on Monday because the REIT markets haven't been this low in the last few years or at least during the March COVID crash, so you can trust that you're purchasing at good discounts.

Question for you to think: Is now the best time to invest in REIT's? Rental is increasing to cover cost but so is the rates on the leverage taken by property developers and owners. In an inflationary or recessionary environment, will paying dividends be a priority for them? Is this the right asset class to be invested for this economic cycle?

Cheerios

If you can time the market, it's always better to buy low. Question is can use determine when is low?

Tan Choong Hwee

29 Sep 2022

Solutions Specialist at Providend

I think you are talking about putting DCA amount in Syfe Cash+, waiting for Syfe REIT+ to drop to so...

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